What is Scotiabank’s Estimate for Stantec FY2027 Earnings?

Stantec Inc. (TSE:STN) (NYSE:STN) – Scotiabank dropped their FY2027 earnings estimates for shares of Stantec in a report released on Wednesday, July 15th. Scotiabank analyst J. Goldman now expects that the company will post earnings of $6.35 per share for the year, down from their previous estimate of $6.68. Scotiabank currently has a “Sector Outperform” rating and a $133.00 price target on the stock.

A number of other equities analysts have also weighed in on STN. Canadian Imperial Bank of Commerce lowered their target price on Stantec from C$160.00 to C$137.00 and set an “outperformer” rating on the stock in a research note on Wednesday, July 8th. National Bank Financial reduced their price target on Stantec from C$143.00 to C$120.00 and set an “outperform” rating for the company in a research note on Monday, July 13th. Royal Bank Of Canada decreased their price objective on Stantec from C$175.00 to C$155.00 in a report on Friday, May 15th. Raymond James Financial lowered their price objective on Stantec from C$180.00 to C$165.00 in a research report on Wednesday, April 29th. Finally, BMO Capital Markets dropped their target price on Stantec from C$175.00 to C$154.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Thirteen analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of C$146.00.

Stantec Trading Down 1.6%

Shares of STN stock opened at C$97.38 on Friday. Stantec has a 12-month low of C$94.79 and a 12-month high of C$160.05. The company has a market capitalization of C$11.11 billion, a PE ratio of 22.70, a price-to-earnings-growth ratio of 1.46 and a beta of 0.71. The firm has a 50 day moving average price of C$101.40 and a two-hundred day moving average price of C$118.23. The company has a quick ratio of 1.46, a current ratio of 1.35 and a debt-to-equity ratio of 76.67.

Stantec (TSE:STN) (NYSE:STN) last announced its quarterly earnings results on Wednesday, May 13th. The company reported C$1.33 EPS for the quarter. The business had revenue of C$2.07 billion for the quarter. Stantec had a net margin of 6.19% and a return on equity of 15.21%.

Insider Buying and Selling

In related news, Director Douglas Keith Ammerman purchased 681 shares of Stantec stock in a transaction that occurred on Thursday, July 2nd. The shares were acquired at an average price of C$97.84 per share, with a total value of C$66,629.04. Following the completion of the transaction, the director directly owned 42,512 shares of the company’s stock, valued at C$4,159,374.08. This represents a 1.63% increase in their position. Also, Director Clayton Bock acquired 1,485 shares of the stock in a transaction on Friday, June 26th. The shares were bought at an average price of C$94.85 per share, for a total transaction of C$140,852.25. Following the purchase, the director owned 4,895 shares in the company, valued at approximately C$464,290.75. This trade represents a 43.55% increase in their ownership of the stock. 0.27% of the stock is currently owned by insiders.

Stantec Company Profile

Stantec empowers clients, people, and communities to rise to the world’s greatest challenges at a time when the world faces more unprecedented concerns than ever before. We are a global leader in sustainable engineering, architecture, and environmental consulting. Our professionals deliver the expertise, technology, and innovation communities need to manage aging infrastructure, demographic and population changes, the energy transition, and more. Today’s communities transcend geographic borders.